Intel Corp. is planning to acquire wireless chip solution business of Infineon Technologies AG for $1.4 billion in cash. With this acquisition, Intel would be able to make its movement in mobile phones segment.

The chip unit of Germany-based Infineon caters to customers like Apple and its chips are used in smartphones like iPhone. The reason for Intel taking such a move can probably be its chips use more power, which is not so with Infineon’s chips.

If the Intel’s acquisition of Infineon’s chip business remains successful, it would be its second purchase in two weeks, as it declared to buy computer-security software maker McAfee Inc. for $7.68 billion two weeks ago. If Intel’s deal with McAfee gets the green signal, then it would be Company’s biggest acquisition in past 42 years.

Also, by acquiring McAfee, Intel’s chips to be embedded into mobiles become more protective and thus would impel its sales.

Last year, Intel acquired Wind River Systems, mobile software maker, for about $884 million and worked on the development of Moblin software used by Mobile devices equipped with chips of Intel.

But, as per some analysts, Intel is getting aggressive in making acquisitions.

Craig Berger with FBR Capital Markets stated that Intel buying Infineon’s chip unit would give uplift to its business in mobile phone segment, as low-power designed chips are widely employed in cell phones.

But he said, “He is skeptical of Intel's ability to execute outside of its core market, which is making microprocessors that act as the brains of PCs”.